Anhui Heding Electromechanical Equipment Co., Ltd. announced that it will receive CNY 100,000,000 in a equity round of funding on May 23, 2024. The transaction include participation from returning investors Anhui Heli Co.,Ltd. for CNY 71,995,895, Tianjin Lishen Battery Co., Ltd. for CNY 19,993,210, Huainan Jindali Storage Batteries Co., Ltd. for CNY 8,010,895. The company will add CNY 49,561,382 to the registered capital , and CNY 50,438,618 will be added to the capital reserve.

Upon completion of the transaction, the registered capital of the company will increase from CNY 58,670,000 to CNY 108,231,382. Post-completion of the transaction, Anhui Heli Co.,Ltd. will hold 65.4913% equity stake, Tianjin Lishen Battery Co., Ltd. will hold 19.9932% stake, and Huainan Jindali Storage Batteries Co., Ltd. will hold 8.0109%. This has been approved in the Anhui Heli Co.,Ltd.'s 2nd Meeting of the 11th Term of the Board of Directors.